Keerti Knowledge And Skills Limited IPO Review

In the last half of July a few new issues are going to hit the stock exchanges. Most of them are SME issues. The latest of them are Keerti Knowledge And Skills Limited IPO. In this post, I will discuss about the company in details and also will check the pros and cons of investment in Keerti Knowledge And Skills Limited IPO review.

The company started its operation in 1998 as Keerti Computers Institute (KCI) and they were one of the largest computer training institutes in the Mumbai and Thane area.

The company operates over 90 authorized training centers in Mumbai, Thane and Raigad area.

The products and services of the company consists of knowledge and skills, IT education and training and academics coaching.

The company has trained over 5 lakhs students so far and they are training around 40,000 students per year.

The company is also providing staffing and placement solutions to various companies and proposes to venture in app based or web based programs.

The following flowchart shows the companies operations and products and services in a nutshell and will help in understanding the company during the Keerti Knowledge And Skills Limited IPO review.

Company Financials:

The financial data shows that the company has made steady profits apart from FY 2016. The EPS for FY 2015-2016 was Rs. 1.92 and that for FY 2017-2018 is Rs. 8.75. The latest P/E ratio of the company is hovering around 13.31. Also the latest NAV of the company is around close to Rs. 40 against a issue price of Rs. 52.

Keerti Knowledge And Skills Limited IPO Review:

Issue looks fully priced.

Issue does not look pretty attractive due to competitive nature of the business.

Author Bio

Indrajit Mukherjee

Indrajit is a professional blogger and trading system developer. Amibroker expert, Wordpress expert, SEO expert and stock market analyst.Trading since 2002, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.